-
Direct tax collections grow 21%
Tax collections have risen mainly on robust advance tax mopup
-
Advance tax: When is it due, how much needs to be paid?
Income tax for the year you're earning, needs to be paid in the next financial year, while advance tax needs to be paid during the earning financial y
-
Net I-T collections zoom 20% to Rs 19 lakh cr
Income-tax collections have risen sharply on back of high advance tax collection
-
Tax compliance points self-employed citizens should know
Income of a self-employed individual can be calculated on presumptive basis under section 44ADA of IT Act.
-
Net direct tax mop-up jumps 74% to Rs 5.70 lakh crore
The gross collection of direct taxes, before factoring in the refunds, for the FY 2021-22 stood at Rs 6,45,679 crore
-
Net direct tax mop up doubles to more than Rs 1.85 lakh cr
Gross collection of direct taxes for this fiscal stood at Rs 2.16 lakh crore, versus Rs 1.37 lakh crore in corresponding period of last year
